Sydney, 9 00 a. M. In hong kong. We have the polls and alabama, covering ahead of the special montgomery ahead of the special election. We will talk about the chinese appetite for u. S. Debt. This chart plays into how things have changed in terms of this debt binge on u. S. Treasuries china has had over the past decade, doubling its hold over u. S. Treasuries. That is starting to resolve because of a steady currency. You can see this conference relationship between where the dollaryen Exchange Rate is, and the levels of chinese treasury holdings. We have seen this fading of appetite for holdings at an inopportune time, when you have a plan republicans want to push through already adding to a ballooning deficit for the u. S. We have a situation where china owns more than 2. 2 trillion in any u. S. Government debt, and any selling of that could have ramifications. Wells fargo Holding Stable along that 6. 2 level. Very interesting implications for u. S. Treasuries, especially as we get th
Actually do that and enly it is our students money. Money is hard to come back. When you have got Somebody Just taking it thats really shock. He told police he useed it money to help his former student pay her bills and for a trailer we found this one listed in her name. They also bought her a new prius. Hes currently on house arrested. We tried to talk to him about it but no answer. The warrant stay a student told police she quote thought he was paying for a love child but was not sure. It appeared he try today put money back into the club funds from his own retirement account. He resigned a day before he was arrested. We have reached out about the accusations and are still waiting to hear back. Contents to have computeer and investigation. All right. You can read the full search warrants right now online at wncn. If you have something you want the wncn team to look into, let us know. Sends us an email to new information on the death of a wake forest mom. Search warrants obtained by w
Overnight. Nicole after falling nearly 7 last week, lets check out how crude oil is this morning dropping down 19 cents at 36. 60 a barrel. Cheryl fox business, alaska air is closing in on deal to buy Virgin America. A deal closing this morning. Nicole the company plan to go file for bankruptcy in the coming weeks and it could mark one of the biggest financial collapses in years. We will have that story. Cheryl in sports, the baseball is underway and rematch of the world series the royals and mets met up last night. Striking out 10 and driving in the season first run. The stories and more coming up. Nicole well, its 5 01 a. M. , we look Cheryl Casone for lauren simonetti. Its fox 46 news, the latest breaking news and what to expect on the day ahead. Cheryl well, we have breaking news. Documents from law firm revealing weeks of offshore holdings of World Leaders as well as businessmen, celebrities, the president of argentina, icelands Prime Minister and the king of saudi arabia, the soc
Will feel like summer as temperatures are set to soar to the 70s to near 90s degrees for the inland areas. By the end of the week, cooler temperatures and rain chances increase. So, ill talk more about all of that coming up in the microclimate forecast. Lets head over to mike, still keeping an eye on the east bay. Thats right. Well start with the crash i was following in oakland. Highway 13 and 580 and right near that merge and its countercommute and the bay bridge itself moves very well and the earlier crash off of 580 and 24 and that cleared from lanes. As we look around the bay, we see one more stall 680 at mckie. And well head it back to you with a story that really aggravates me, you guys. No question, mike. This developing story now stealing from sick children. The search is on for the two thieves that ransacked the make a Wish Foundation in San Francisco. Police looking for these two men caught on surveillance cameras saturday night. The thieves took laptaps and auctioned off fo